Google satellite image for 47 Park Ln, Park Ridge, IL 60068

Off Market Mar 2015 for $500K

$756,875

Est. refi paymentEst. refi $3,358/mo

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47 Park Ln, Park Ridge, IL 60068

About this home

47 Park Ln is a condo. - it last sold on March 12, 2015 for $500,000. Based on Redfin's Park Ridge data, we estimate the home's value is $756,875.

CondoProperty Type

2 spacesParking

Source:Public Records

Redfin Estimate

$756,875

$257K since sold in March 2015$51K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.9% higher than the average sale price ($537K) of 4 comparable homes.

SOLD AUG 14, 2026
$755,000
A
3 beds2.5 baths2,400 sq ft
310 Boardwalk Pl #310, Park Ridge, IL 60068
SOLD JUL 8, 2026
$575,000
B
3 beds2.5 baths— sq ft
90 Boardwalk Pl, Park Ridge, IL 60068
SOLD AUG 14, 2026
$500,000
C
2 beds2 baths1,500 sq ft
22 Park Ln #111, Park Ridge, IL 60068
SOLD AUG 10, 2026
$319,000
D
2 beds2 baths1,400 sq ft
200 S Dee Rd Unit 1D, Park Ridge, IL 60068

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Earn from this home

Sell

$422,180

Est. take-home

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Refinance

Est. cash available

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Rent

$2,316/mo

Redfin rental estimate

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Market trends in 60068, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.4% MoM

Median sale price

$665K

$15K MoM

Avg. days on market

45d

5 days MoM

Recently sold homes

149

8 MoM

New listings for sale

NEW
$569,000
2 beds2 baths1,312 sq ft
120 N Northwest Hwy #405, Park Ridge, IL 60068
EARLY ACCESS
$369,900
2 beds2.5 baths1,800 sq ft
416 S Dee Rd #0, Park Ridge, IL 60068
EARLY ACCESS
$989,900
4 beds2.5 baths2,556 sq ft
218 Elmore St, Park Ridge, IL 60068
OPEN TODAY, 1PM TO 3:30PM
$715,000
5 beds2.5 baths3,412 sq ft
234 Belleplaine Ave, Park Ridge, IL 60068
OPEN TODAY, 11AM TO 1PM
$599,000
3 beds2.5 baths1,913 sq ft
1206 Elm St, Park Ridge, IL 60068
$459,500
2 beds1 bath960 sq ft
2004 Newton Ave, Park Ridge, IL 60068
$768,900
3 beds2.5 baths3,600 sq ft
49 Park Ln #49, Park Ridge, IL 60068
FOR SALE BY OWNER
$275,000
2 beds2 baths— sq ft
2500 Archbury Ln, Park Ridge, IL 60068
OPEN TODAY, 2PM TO 4PM
$834,000
4 beds2.5 baths1,665 sq ft
310 S Delphia Ave, Park Ridge, IL 60068
$419,000
2 beds2 baths2,000 sq ft
1705 Pavilion Way #407, Park Ridge, IL 60068
See all

Provided by Redfin

Sale history for 47 Park Ln

Year

Property tax

Land + Additions

Assessment*

2023

$14,537 (+4.7%)

$5,277 + $56,740

$62,017

2022

$13,880 (+80.1%)

$4,358 + $55,170

$59,528

2021

$7,708 (+2.5%)

$3,900 + $27,439

$31,339

2020

$7,522 (−0.1%)

$3,900 + $27,439

$31,339

2019

$7,530 (−5.0%)

$3,900 + $31,166

$35,066

2018

$7,923

$3,441 + $30,430

$33,871

2017

$7,920 (−14.8%)

$3,441 + $30,430

$33,871

2016

$9,293 (−12.4%)

$3,441 + $30,430

$33,871

2015

$10,610 (+17.0%)

$2,982 + $31,420

$34,402

2014

$9,070 (+5.9%)

$2,982 + $31,420

$34,402

2013

$8,561 (−1.6%)

$2,982 + $31,420

$34,402

2012

$8,704 (+2.5%)

$3,556 + $36,311

$39,867

2011

$8,490 (+0.4%)

$3,556 + $36,311

$39,867

2010

$8,458 (−6.5%)

$3,556 + $36,311

$39,867

2009

$9,048 (−2.1%)

$4,037 + $43,788

$47,825

2008

$9,238 (−0.7%)

$6,460 + $51,665

$58,125

2007

$9,304

$6,460 + $54,957

$61,417

Tax history for 47 Park Ln

Year

Property tax

Land + Additions

Assessment*

2023

$14,537 (+4.7%)

$5,277 + $56,740

$62,017

2022

$13,880 (+80.1%)

$4,358 + $55,170

$59,528

2021

$7,708 (+2.5%)

$3,900 + $27,439

$31,339

2020

$7,522 (−0.1%)

$3,900 + $27,439

$31,339

2019

$7,530 (−5.0%)

$3,900 + $31,166

$35,066

2018

$7,923

$3,441 + $30,430

$33,871

2017

$7,920 (−14.8%)

$3,441 + $30,430

$33,871

2016

$9,293 (−12.4%)

$3,441 + $30,430

$33,871

2015

$10,610 (+17.0%)

$2,982 + $31,420

$34,402

2014

$9,070 (+5.9%)

$2,982 + $31,420

$34,402

2013

$8,561 (−1.6%)

$2,982 + $31,420

$34,402

2012

$8,704 (+2.5%)

$3,556 + $36,311

$39,867

2011

$8,490 (+0.4%)

$3,556 + $36,311

$39,867

2010

$8,458 (−6.5%)

$3,556 + $36,311

$39,867

2009

$9,048 (−2.1%)

$4,037 + $43,788

$47,825

2008

$9,238 (−0.7%)

$6,460 + $51,665

$58,125

2007

$9,304

$6,460 + $54,957

$61,417

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-4

Multi-Family Residential District

The R-4 Multi-Family Residential District is intended to create a moderate density environment of single-family homes, two-family dwellings and multi-family dwellings, including townhomes. This district may provide a transition zone between single-family neighborhoods and adjacent higher intensity land uses, and should have access to major streets or public transportation facilities. Limited non-residential uses that are compatible with surrounding residential neighborhoods may be permitted.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Exterior

Exterior Information
Building Style Type: Condominium
Building Type: Multi Family Condo

Property Information
Subdivision Name: PARK II
Legal Description: PARK LN OF PARK RIDGE CON LOT 2

Lot Information
# of Buildings: 1
Legal Lot Number: 2
County Use Description: RESID CONDOMINIUM

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 09273061511014

Home facts updated by county records on Sep 15, 2026

Around this home

Schools

George B Carpenter Elementary School

Public K-5 • Assigned • 0.4mi

7/10

Emerson Middle School

Public 6-8 • Assigned • 1.6mi

8/10

Maine South High School

Public 9-12 • Assigned • 1.0mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Park Ridge, IL • 60068

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$720,000 – $871,000

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New listings for sale in 60068

NEW

$569,000

2 beds2 baths1,312 sq ft

120 N Northwest Hwy #405, Park Ridge, IL 60068

EARLY ACCESSCOLDWELL BANKER COMING SOON

$369,900

2 beds2.5 baths1,800 sq ft

416 S Dee Rd #0, Park Ridge, IL 60068

EARLY ACCESS@PROPERTIES COMING SOON

$989,900

4 beds2.5 baths2,556 sq ft

218 Elmore St, Park Ridge, IL 60068

OPEN TODAY, 1PM TO 3:30PM

$715,000

5 beds2.5 baths3,412 sq ft

234 Belleplaine Ave, Park Ridge, IL 60068

OPEN TODAY, 11AM TO 1PM

$599,000

3 beds2.5 baths1,913 sq ft

1206 Elm St, Park Ridge, IL 60068

$459,500

2 beds1 bath960 sq ft

2004 Newton Ave, Park Ridge, IL 60068

$768,900

3 beds2.5 baths3,600 sq ft

49 Park Ln #49, Park Ridge, IL 60068

FOR SALE BY OWNER

$275,000

2 beds2 baths— sq ft

2500 Archbury Ln, Park Ridge, IL 60068

OPEN TODAY, 2PM TO 4PM

$834,000

4 beds2.5 baths1,665 sq ft

310 S Delphia Ave, Park Ridge, IL 60068

Home values near 47 Park Ln

Data from public records.

Address	Redfin Estimate
25 Park Ln, Park Ridge, IL 3 Beds \| 3 Baths \| 2400 Sq. Ft.	$877,043
23 Park Ln Apartment 23, Park Ridge, IL 3 Beds \| 2.5 Baths \| 3200 Sq. Ft.	$766,460

Address	Redfin Estimate
21 Park Ln Apartment 21, Park Ridge, IL 3 Beds \| 3 Baths \| 2400 Sq. Ft.	$855,571
45 Park Ln, Park Ridge, IL 3 Beds \| 2.5 Baths \| 3600 Sq. Ft.	$764,693

Address	Redfin Estimate
37 Park Ln Apartment 37, Park Ridge, IL 3 Beds \| 3 Baths \| - Sq. Ft.	$793,441
39 Park Ln Apartment 39, Park Ridge, IL 3 Beds \| 2.5 Baths \| 3900 Sq. Ft.	$807,030

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60068, IL

Sale history for 47 Park Ln

Tax history for 47 Park Ln

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60068

Home values near 47 Park Ln

More real estate resources